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Rosecrans Apartments 835 W Rosecrans Ave 95 Unit Apartment Building $21,832,420 CAD ($229,815 CAD/Unit) 6.12% Cap Rate Gardena, CA 90247



Investment Highlights
- Large Core Asset in South Bay Submarket
- Gated entry to property with on site parking for 85 vehicles, laundry room, pool and fitness room.
- Gated community featuring pool, fitness center, and laundry amenities.
- 98% Occupancy with significant upside in rental income as units turnover
- Located near major transit routes, including I-105, I-110, and I-405 freeways.
Executive Summary
This 95-unit multifamily complex, situated in the Harbor Gateway North submarket, offers investors a robust opportunity to acquire a stabilized large-scale asset in the heart of Gardena, CA. The property features gated entry, on-site parking for 85 vehicles, ample resident amenities including a pool, laundry facilities, fitness center, and courtyard. With a current occupancy rate of approximately 98% and significant potential upside in rental income as units turnover, the asset demonstrates strong revenue stability with room for growth.
Positioned in a highly accessible location, the property benefits from proximity to major Southern California transportation arteries, including the I-105, I-110, and I-405 freeways, as well as convenient routes into downtown Los Angeles and the South Bay. The submarket is supported by diversified employment centers and strong rental demand driven by the property’s connectivity to LAX and the ports of Los Angeles and Long Beach. With recent renovations completed in 2026, this property combines operational stability with long-term value appreciation potential, making it an attractive acquisition for both institutional and private investors.
Positioned in a highly accessible location, the property benefits from proximity to major Southern California transportation arteries, including the I-105, I-110, and I-405 freeways, as well as convenient routes into downtown Los Angeles and the South Bay. The submarket is supported by diversified employment centers and strong rental demand driven by the property’s connectivity to LAX and the ports of Los Angeles and Long Beach. With recent renovations completed in 2026, this property combines operational stability with long-term value appreciation potential, making it an attractive acquisition for both institutional and private investors.
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $21,832,420 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $229,815 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.24 AC |
| Cap Rate | 6.12% | Building Size | 60,551 SF |
| Gross Rent Multiplier | 9.71 | Average Occupancy | 100% |
| No. Units | 95 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1966/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.96/1,000 SF |
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| Price | $21,832,420 CAD |
| Price Per Unit | $229,815 CAD |
| Sale Type | Investment |
| Cap Rate | 6.12% |
| Gross Rent Multiplier | 9.71 |
| No. Units | 95 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 60,551 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1966/2026 |
| Parking Ratio | 1.96/1,000 SF |
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Fitness Center
- Laundry Facilities
- Pool
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 37 | - | 385 |
| 1+1 | 57 | - | 480 - 520 |
| 2+1 | 1 | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6119-015-016 | Total Assessment | $23,250,224 CAD (2025) |
| Land Assessment | $9,771,833 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $13,478,391 CAD (2025) | Tax Year | 2027 Payable 2027 |
Property Taxes
Parcel Number
6119-015-016
Land Assessment
$9,771,833 CAD (2025)
Improvements Assessment
$13,478,391 CAD (2025)
Total Assessment
$23,250,224 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2027 Payable 2027
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Rosecrans Apartments | 835 W Rosecrans Ave
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